InvestorQ : What is the recent tie up between Wockhardt and Serum Life Sciences?
prachi Patwardhan made post

What is the recent tie up between Wockhardt and Serum Life Sciences?

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sara Kunju answered.
2 months ago
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Wockhardt and Serum Life Sciences (of Poonawala group) will jointly make 150 million doses of SII vaccines at Wockhardt UK plant. It will be a profit sharing arrangement between them. The fill-and-finish facility for vaccines will take up to 2 years to be up and running. Wockhardt gets to use its UK facility and Serum gets long term capacity in close proximity to the UK and EU markets. This implies a bigger role for India in the global pharma supply chain.

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